The business operates as a retail store for cosmetics, gifts, bath aromatherapy oils, fragrances and clothing. The business has operating for 14 years at the same location and is situated close to a big box store and three banks which bodes well for foot traffic. There are 2 part staff members and the owner who work in the business 6days a week. The floor space is well laid out, together with easy parking make it convenient for clients to visit the store. Good computer system in place, point of sale and inventory ordering part of the computer package, as well as CCTV camera’s in place.
Client will consider a vendor note for the ideal buyer.
Price: $440,000
EBITDA $225,000
Revenue: $1,600,000
Location: North Vancouver, BC
Lease: The current lease expires in November 2014, with an option to renew. Present monthly repayments stand at $3500pm.
Reason for selling: Relocating overseas.
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